ChainDD Weekly: Global Crypto Market Rose 5.27%, Central Bank's Digital Currency Will Not Issued In Large Quantities and Fully Promoted In Short Term

Abstract : According to ChainDD Think Tank, there were 5,394 currencies in the global digital currency market, and the total market value is $ 219,555,971,974 (approximately US $ 219.6 billion) this week.

ChainDD
ChainDD

Apr 28

According to ChainDD Think Tank, as of 12:00 on April 26, 2020, there were 5,394 currencies in the global digital currency market. The total market value is $ 219,555,971,974 (approximately US $ 219.6 billion). The total market value of digital currencies this week has increased by approximately US $ 11 billion compared with last week, or an increase of approximately 5.27%.

As of 12:00 on April 26, the composite index DDCI was 938.08, an increase of 6.07% compared with the same time last week.

The total market value of the TOP30 digital currency is $ 209,013,137,642 (about 209 billion US dollars), accounting for about 95.20% of the total market value of all digital currencies, an increase of about 0.05% compared with last week.

Regarding the latest DC / EP, the relevant person in charge of the Digital Currency Research Institute of the People's Bank of China said recently that the current research and development of digital RMB is steadily advancing, and the internal closure of Shenzhen, Suzhou, Xiong'an New District, Chengdu and the future Winter Olympics scene will be conducted first to continuously optimize and improve functions. In addition, considering that the previous digital currency is limited to pilots, it will not be issued in large quantities and fully promoted in the short term, and the currency circulation rate will also remain at a normal level. Therefore, digital currencies will not cause inflation.

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